I certainly led me to thinking that residential assisted living homes (RALs) may be a valid investment venture to dive into over the next few years.That being said, I am interested in connecting with anyone who has had any experience with RALs, and similar types of settings, specifically within the states of New York and New Jersey.

There are some questions I have if anyone is willing to answer them, like…when starting my airbnb arbitrage business, what is tax deductible?

Is there a benefit to purchasing a property specifically for rental purposes versus purchasing it as your new home and converting your current account into a rental?

Do you have a specific price point you are looking at?

I've left specific instructions to not sell the properties and do something dumb and buy a Ferrari or blow it on expensive vacations (but I guess if I'm dead and they do that, they'll suffer the financial consequences later).  

And (huge bonus), because it's specifically created for real estate investing, it integrates perfectly with your Schedule E for taxes so it's just making my life so much easier.

The real question is how much interest rate and how many points based on your specific profile, which will become clear when you provide all your information to a mortgage lender? 

There are county websites that show specific insurance, water and permit guidelines that are very particular to the area (check if the area has "Flood Zone X").

It takes into account the actual dates of each cash flow, making it more accurate for investments with uneven cash flow patterns.XIRR considers both the amounts and the specific dates of the cash flows when calculating the rate of return.It's particularly useful for evaluating the returns on investments like real estate, where cash flows can vary significantly in amount and timing (e.g., rental income, property appreciation, expenses, etc.).In summary, while both IRR and XIRR are used to calculate rates of return on investments, IRR assumes regular intervals for cash flows, whereas XIRR handles irregular or non-periodic cash flows by considering the actual dates of each cash flow.

COC is a metric that put's into concise data the OPERATIONAL health OF an investment property, at a specific given time-frame of analysis.